Nifty Futures Support Resistance Level For 26-Nov-2010

We will witness buying at lower levels today may be near 5742 level. However, we suggest you to enter a buy position, as markets are more likely to strengthen so buy nifty futures near 5750 levels. The trend will be positive today, also volatility will be higher compared to past sessions. Nifty will be in a wide range as shown in by the support resistance levels below.

Nifty:
Resistance: 5809 / 5838
Support: 5745 / 5718

How to trade nifty futures today: Buy Nifty Future near 5750 level for the target of 5809 and 5858, place protective Stop below 5718 level.